US Politics & Business News
The two political controversies dominating Washington consumed Sunday morning talk shows this weekend, drawing sharp bipartisan criticism from lawmakers across the country. President Trump’s decision to broker a deal allowing Russia to supply millions of tons of diesel to U.S. and global markets has triggered an intense political firestorm heading into the midterm cycle. The…
AST SpaceMobile (ASTS) presents one of the more difficult valuation challenges in the market today, with a $15.3 billion market cap and no commercial revenue to speak of. The company, which develops low Earth orbit satellites under its BlueBird brand, trades at roughly 90.5 times its expected 2026 revenue, a figure that would alarm most…
GE Aerospace (GE) shares have dropped 15% over the past three months, underperforming the S&P 500, which gained 3.2% during the same period. The broader industry fell 14.9%, with peers RTX Corporation (RTX) and L3Harris Technologies (LHX) declining 6% and 18.6%, respectively, over the same timeframe. GE closed most recently at $305.62, sitting below its…
Sen. Chris Murphy is making an aggressive play for Democrats in the final stretch before Election Day, with a sweeping multistate campaign tour. The Connecticut Democrat told reporters he plans to travel extensively over the coming weeks, hitting key battleground states across the country. Murphy’s first stop will take him to North Carolina and Florida…
The DEA is moving to temporarily classify four synthetic kratom-derived compounds as Schedule I substances under the Controlled Substances Act. The targeted compounds are 7-hydroxymitragynine, known as 7-OH, mitragynine pseudoindoxyl, known as MGPI, along with MGM-15 and MGM-16, all derived from the kratom plant. Kratom itself is an herbal product sold legally over the counter…
Quantum computing may represent one of the most transformative technology shifts of the century, but that promise has not yet translated into investment confidence. McKinsey forecasts the quantum technology market could grow to be worth as much as $100 billion by 2035, making it a sector that investors simply cannot ignore. IonQ (IONQ), Rigetti Computing…
Global AI investment is poised to match or exceed the historic sums that built railroads, power grids, and telecommunications networks, the IMF’s top official said Wednesday. International Monetary Fund Managing Director Kristalina Georgieva delivered the warning at an event in Singapore, speaking ahead of upcoming IMF and World Bank annual meetings. Georgieva said artificial intelligence…
A federal judge on Friday struck down the Justice Department’s nationwide program to collect voter registration records and identify suspected non-U.S. citizens. District Judge Sparkle Sooknanan in Washington ruled the department exceeded its legal authority and violated federal privacy laws by requesting sensitive voter data. The ruling also found the DOJ improperly shared voter information…
AST SpaceMobile (ASTS) closed at $50.97 on October 9, 2026, sliding 10.48% as investors reacted sharply to a competitive spectrum move by SpaceX. Trading volume surged to 53.8 million shares, roughly 318% above the stock’s three-month average of 12.9 million shares, signaling intense investor anxiety around the development. SpaceX announced plans to acquire up to…
A family financial dispute has surfaced publicly, raising urgent questions about elder financial vulnerability and the risks of pooling generational wealth into real estate. A reader submitted a dilemma involving a brother-in-law who persuaded his own parents to sign over their home and life savings to fund a shared property purchase valued at $3 million….